São Paulo – Tunisia’s Gafsa Phosphate Company (CPG, for its French initialism) will receive investments of TND 236 million (about USD 76.1 million at the current rate) to increase its phosphate output. Information was published by Tunis Afrique Presse (TAP) news agency.
The investment is part of a program approved in May by the National Security Council on Phosphate Production, including equipment purchase. The first batch of machines is expected to arrive in September.
The company’s director of Information and communications, Ali Al-Hoshati, said the machines would improve the raw phosphate extraction capacity at the Oum Larayes, Métlaoui, Mdhilla, and Redayef mines.
The equipment includes 18 trucks, six hydraulic machines, three rotary machines, six wheel loaders, and equipment to increase the company’s capacity to extract and transport phosphate.
CPG’s commercial phosphate output is 3.5 million tonnes a year.
The company could soon announce a tender to purchase new batches of machines. Under this investment program, in effect until 2024, the company intends to renew 30% of its mining equipment fleet.
Translated by Elúsio Brasileiro
